From the desk of Tom Bruni @BruniCharting
Rotation is the lifeblood of any bull market, so what better way to use our “Chart of The Week” than highlighting the rotation into cyclical sectors that’s currently taking place.
Expert technical analysis of financial markets by JC Parets
by Tom Bruni
From the desk of Tom Bruni @BruniCharting
Rotation is the lifeblood of any bull market, so what better way to use our “Chart of The Week” than highlighting the rotation into cyclical sectors that’s currently taking place.
Who knew I’d be turning to China for an online education?
Well, that’s just what I endeavor to accomplish with a trade I’m working to enter today. [Read more…]
by JC
This week on Happy Hour w/ Traders, I chat with 2 of the best in the business: Brian Shannon and Joe Fahmy. We’ve all been friends for a decade and I still learn from both of them every single time we talk.
The way I see it, I’m having these conversations anyway, so may as well hit record so you guys can learn from them the same way that I do.
Check it out!
[Read more…]
by JC
Jeff Macke is the guy I turn to whenever I have questions about the Consumer. Anything retail, restaurants, internet sales, he’s the one we want to listen to. Jeff and I have known each other for many years and are friends with a lot of the same people. Here’s an old clip I found of him and I talking about Gold & Silver back in January 4, 2012.
In this episode we talk about the restaurant stocks, pharmacies, which areas he wants to avoid and which ones he wants to own. He says the pair trade of the decade could very well be: Long Shaquille O’neil (Papa Johns $PZZA) and Short Kanye West (The Gap $GPS). This was a really fun conversation. I picked up some good ideas and had a few laughs.
I hope you enjoy!
[Read more…]
by Tom Bruni
From the desk of Tom Bruni @BruniCharting
New Mystery Chart!
For those new to the exercise, we take a chart of interest and remove the x/y-axes and any other labels that would help identify it. The chart can be any security in any asset class on any timeframe on an absolute or relative basis. Maybe it’s a custom index or inverted, who knows!
We do all this to put aside the biases we have associated with this specific security/the market and come to a conclusion based solely on price.
You can guess what it is if you must, but the real value comes from sharing what you would do right now. Buy, Sell, or Do Nothing?
From the desk of Steve Strazza @Sstrazza
For the week ended Friday, July 10, 2020:
Every week we publish performance tables for a variety of different asset classes and categories along with commentary on each.
This week we’re going to highlight our US Index and Sector ETF tables, and focus on the laggards as they are giving us the most important information for the current market environment. Let’s dive into it.
by JC
I’m really enjoying these virtual Happy Hours I’ve been doing with my friends. You guys seem to enjoy them so I’m happy to keep recording these chats. I’m having the conversations anyway right?
Stay tuned, I have some fun videos coming up with Bart in San Diego and another one with Joe Fahmy & Brian Shannon.
You can catch up on Happy Hours w/ Traders here.
Today I want to share a video of a few beverages I had with my old pal Scott Redler. He’s a full time trader and Chief Strategist at T3Live. I encourage you to go back and listen to a podcast episode him and I did together in January 2018.
In this video we talk a little bit about wine, compare blind tasting to technical analysis, and Scott tells a few recent war stories from the trenches. Here’s our chat in full:
[Read more…]
The fine gentlemen at All Star Charts have released with latest Quarterly Playbook with themes to be aware of for the next three months, as well as trade ideas within sectors and individual stocks that are setting up. Head over here for a deep dive and great read.
One idea that stood out to me is an e-commerce company focused on pet supplies and medications. No…. not pets.com. LOL [Read more…]